5 Articles match "Associated","Real Estate","Underwriter"

• The Best from RealtyTrac

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• Dis-ARMament Aimed to Curb Foreclosures
  
  The new Federal guidelines contain disclosure and underwriting provisions that could mean fewer buyers will qualify for such nontraditional loans. These loans are what many in the banking and real estate industries say have helped home buyers get into their first home or purchase more home than they otherwise could afford using more conventional mortgage products. The National Association of Realtors (NAR) lauded the new consumer education efforts put forth by the government, but cautioned regulators not to restrict innovation in the mortgage lending sector. Concerned about the fallout from rising mortgage delinquency rates and foreclosures around the country, the federal government recently stepped into the fray, issuing new tighter guidelines aimed at dealing with so-called “exotic” adjustable-rate mortgages.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Fannie Mae Toughens Foreclosure Guidelines
  
  With government officials at the local, state and federal levels clamoring to clamp down on the nation’s financial institutions and other loan originators, plus the recent bailout of Bear Stearns by the Federal Reserve after the Wall Street giant became so heavily invested in subprime backed mortgage securities, it was just a matter of time before the Federal National Mortgage Association (better known as Fannie Mae ) did something to tighten the reins as well. Well, this past Monday it finally did. The dramatic shifts in market dynamics over the past several months have prompted
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Don't Dump Investors
  
  It appears everywhere and is never challenged, as if real estate investors are somehow disposable players in the foreclosure mess. However, none of these efforts are a silver bullet that will undo the excesses of the past years, nor are they designed to bail out real estate speculators or those who committed fraud during the mortgage process. Why is someone who invests in real estate a “speculator” while corporations that Don’t Dump Investors By Peter G. Miller    When it comes to bailing out giant banks,
  www.realtytrac.com - Tuesday, February 3, 2009
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• No Mortgage Meltdown For These Banks
  
  number of lenders have maintained traditional underwriting standards and mortgage offerings. They thought long-term instead of quarterly; made sure their underwriting standards made sense and now show profits.” Which lenders? percent of all loans outstanding according to the Mortgage Bankers Association. No Mortgage Meltdown For These Banks By Peter G. Miller     The news from Wall Street in recent weeks has not been good, especially in the world of mortgages.
  www.realtytrac.com - Tuesday, February 3, 2009
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• The Government Goes After Loan Officers
  
  Few mortgage loan officers or underwriters have been held responsible for mortgages that turned sour, in some measure because blame is often difficult to establish. That said, whats plain is that the SEC has opened a new front in the mortgage responsibility debate. Interstate Commerce At first it may seem odd that mortgages are a federal matter since loans are secured by real estate and nothing is more local than dirt. The Government Goes After Loan Officers By Peter G. Miller    One of the most galling aspects of the
  www.realtytrac.com - Tuesday, February 3, 2009
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